TABLE OF CONTENTS
CHAPTER- I INTRODUCTION;
CHAPTER-II DEFINING AND UNDERSTANDING THE FINANCE SECTOR IN INDIA ;
2.1 BANKING INSTITUTIONS ;
2.2 THE NON-BANKING FINANCE COMPANIES ;
2.3 DEVELOPMENT FINANCIAL INSTITUTIONS ;
2.4 MUTUAL FUNDS;
2.5 INSURANCE COMPANIES ;
2.6 FACTORING AND FORFEITING COMPANIES ;
2.7 VENTURE CAPITAL ;
2.8 MERCHANT BANKING COMPANIES ;
2.9 HOUSING FINANCE COMPANIES ;
2.10 PORTFOLIO MANAGERS;
2.11 MICRO FINANCE COMPANIES ;
2.12 CAPITAL MARKETS: ;
2.13 STOCK EXCHANGES AND THEIR CLEARING COMPANIES ;
2.14 DEPOSITORIES ;
2.15 CUSTODIANS ;
2.16 CREDIT RATING AGENCIES ;
2.17 FOREIGN INSTITUTIONAL INVESTORS ;
2.18 PAYMENT SYSTEM ;
2.19 COMMODITY EXCHANGES ;
2.20 PENSION SYSTEM ;
2.21 FINANCIAL PLANNERS/ADVISERS;
2.22 WEALTH MANAGEMENT SERVICES (WMS);
CHAPTER III REGULATORY FRAMEWORK FOR FINANCIAL SECTOR ;
3.1 UNDERSTANDING REGULATORY FRAMEWORK;
3.2 STRUCTURING REGULATORY FRAMEWORK:
3.3 POLICY FRAMEWORK FOR AN EFFICIENT FINANCIAL REGULATION;
3.4 INDEPENDENCE OF A FINANCIAL REGULATOR:
CHAPTER IV APPROACHES TO REGULATION AND PRINCIPLES ;
4.1 RULE BASED REGULATION ;
4.2 PRINCIPLE BASED REGULATION;
4.3 DISCRETION BASED REGULATION ;
CHAPTER V THE EVOLUTION OF REGULATORY STRUCTURES IN INDIA ;
5.1 EVOLUTION OF BANKING SECTOR;
5.2 EVOLUTION OF CAPITAL MARKET ;
5.3 EVOLUTION OF INSURANCE SECTOR ;
5.4 EVOLUTION OF THE COMMODITIES MARKET ;
5.5 EVOLUTION OF DERIVATIVES MARKET;
5.6 EVOLUTION OF THE FINANCIAL MARKET;
5.7 EVOLUTION OF FOREIGN EXCHANGE MARKET: ;
5.8 FINANCIAL MARKET INTEGRATION;
CHAPTER-VI CHALLENGES IN THE EXISTING REGULATORY STRUCTURES;
CHAPTER-VII GAPS IN REGULATORY STRUCTURES;
CHAPTER –VIII UNIFIED OR MULTIPLE REGULATORY STRUCTURE;
CHAPTER- IX FINANCE SECTOR REGULATION- INTERNATIONAL SCENARIO ;
9.1 AUSTRALIA;
9.2 NETHERLANDS ;
9.3 EUROPEAN SUPERVISORS ;
9.4 CANADA ;
9.5 BULGARIA ;
9.6 NORWAY;
9.7 SWEDEN ;
9.8 DENMARK;
9.9 UNITED KINGDOM ;
9.10 UNITED STATES OF AMERICA ;
CHAPTER- X ANALYSIS OF THE EXISTING STRUCTURES AND CHOICE OF THE
REGULATORY MODEL FOR INDIA;
CHAPTER- XI COMMON LEGISLATION A BETTER SOLUTION;
CHAPTER- XII FINAL ANALYSIS;
12.1 DETERMINANTS FOR SINGLE OR MULTIPLE REGULATORS -
PARAMETRICAL MATRIX;
12.1.1 REGULATORY INDEPENDENCE;
12.1.2 ACCOUNTABILITY;
12.1.3 INNOVATIONS IN THE MARKET ;
12.1.4 SIZE OF THE FINANCIAL MARKET;
12.1.5 POLITICAL ENVIRONMENT ;
12.1.6 MACRO ECONOMIC CONSIDERATIONS FOR REGULATION;
12.1.7 EXPERIENCE OF SECTORAL REGULATOR;
12.1.8 EFFECTIVE IMPLEMENTATION: ;
12.1.9 PRIORITIES OF THE GOVERNMENT: ;
REFERENCES ;
APPENDIX A;
APPENDIX –B: DRAFT OF COMMON LEGISLATION.